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Elysian Fields Inc uses a maximum payback period of 6 years and currently must choose between two mutually exclusive projects Project Hydrogen requires an initial outlay of 25000 project Helium

Elysian Fields, Inc., uses a maximum payback period of 6 years and currently must choose between two mutually exclusive projects. Project Hydrogen requires an initial outlay of $25,000; project Helium requires an initial outlay of $35,000. Using the expected cash inflows given for each project in the following table, calculate each project’s payback period. Which project meets Elysian’s standards?

Jun 03 2021 View more View Less

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